Piston Aircraft Loans

Piper PA-32 Cherokee Six financing, specs & price

Six/seven seats, cargo door, utility. Built 1965-1979; Lycoming O-540/IO-540 (260-300 hp); 7 seats; 145-knot cruise.

Piston single Typical price $55,000–$145,000 ~$101/hr fuel

What a PA-32 Cherokee Six costs to finance

Payment examples at three price points, using typical lender guidelines for single-engine aircraft and a 7.75% illustrative APR. Your rate depends on credit, loan size, term and the specific airplane.

Example Price Down Loan Term Payment @ 7.75% Range @ 6.99–9.99%
Older / higher-time $55,000 15% ($8,250) $46,750 15 yrs $440/mo $420–$502
Mid-market (most common) $95,000 15% ($14,250) $80,750 20 yrs $663/mo $626–$779
Late / low-time $145,000 15% ($21,750) $123,250 20 yrs $1,012/mo $955–$1,189

Principal and interest only; excludes insurance, taxes and fees. Prices are typical asking ranges from our aircraft database — verify any specific airplane with Vref or Aircraft Bluebook and a pre-buy inspection. Not a quote or commitment to lend.

Get real numbers for your PA-32 Cherokee Six

Share the tail number or listing and your timeline — a specialist will price it across multiple lenders.

Get optionsCall

PA-32 Cherokee Six specifications & operating economics

Performance & capacity

Engine
Lycoming O-540/IO-540 (260-300 hp)
Production
1965-1979
Seats
7
Cruise
145 kts
Range
920 NM
Fuel capacity
84 gal

Fuel economics (September 2026)

Fuel burn
14 gph
Fuel cost per hour
$101
Fuel cost per nautical mile
$0.70
Endurance (no reserve)
6.0 hrs
Fuel for 100 hrs/yr
$10,136

100LL at $7.24/gal (AirNav national average, September 2026).

What lenders and underwriters look at on a PA-32 Cherokee Six

  • Fixed gear variant simpler than Lance
  • High useful load for families/cargo
  • O-540/IO-540 reliable but thirsty
  • Insurance moderate

Pre-buy inspection focus areas

  • Wing spar carry-through
  • Nose gear condition
  • Fuel bladder leaks
  • Cargo door hinges
  • Engine mount

Pre-buy inspections are typically paid out of pocket, not financed. See the pre-buy checklist.

Buying and owning a PA-32 Cherokee Six

Piper PA-32 Cherokee Six financing FAQs

How much does a Piper PA-32 Cherokee Six cost?

Typical asking prices for a Piper PA-32 Cherokee Six run from about $55,000 for older or higher-time examples to $145,000 for late, low-time ones, with most trading near $95,000. Engine time, avionics, damage history and paint/interior drive the spread — confirm with a Vref or Aircraft Bluebook valuation and a pre-buy inspection.

What is the monthly payment on a Piper PA-32 Cherokee Six?

At a $95,000 purchase price with 15% down ($14,250), a $80,750 loan over 20 years is about $663 per month at 7.75% APR, or roughly $626–$779 across the 6.99%–9.99% range lenders published as of September 2026. Principal and interest only.

How much down payment do I need for a Piper PA-32 Cherokee Six?

Plan on at least 15% down for a single-engine aircraft built after 1960. Twenty-year terms are generally available on loans of $75,000 or more.

What does a Piper PA-32 Cherokee Six cost to fly per hour in fuel?

At about 14 gallons per hour and the September 2026 national average of $7.24 per gallon for 100LL, fuel alone is roughly $101 per hour, or about $0.70 per nautical mile at a 145-knot cruise. Add reserves, insurance, storage and the annual for the full picture.

Can I finance an older Piper PA-32 Cherokee Six?

Usually, yes. Lenders finance piston singles without a fixed age limit, though pre-1960 aircraft may need a larger down payment and shorter term, and airframes over 10,000 hours are often excluded. Complete logbooks, AD compliance and a clean pre-buy matter more than the year on an older PA-32 Cherokee Six.

More Piper aircraft

All Piper models →

Similar price range

Keep researching

More on the Piper Cherokee Six / Lance / Saratoga

All aircraft by manufacturer →

Financing a PA-32 Cherokee Six? Get real options.

Tell us about the airplane and your timeline. A financing specialist at Jaken Aviation shops your request across banks, credit unions and aviation lenders and comes back with real options.

  • Pre-qualification in 1–3 business days; closing typically 2–4 weeks
  • Purchase, refinance, cash-out, overhaul and avionics financing
  • Single- and twin-engine pistons, experimentals, and turbine step-ups
  • No cost to request options, and no credit check to submit this form

  1. 1. Apply & consult

    Tell us the aircraft, the price and your timeline. A specialist reviews your goals with you.

  2. 2. Get matched

    Your request goes out to a national network of banks, credit unions and specialty aviation lenders.

  3. 3. Underwriting

    Your file is packaged and submitted to the best-fit lender, typically 1–2 weeks once there is a purchase agreement.

  4. 4. Approval & closing

    We coordinate lender, escrow and seller through closing — usually 2–4 weeks from application.

Talk to a specialist now: (833) 264-7776

See what you qualify for

Free, no-obligation. A financing specialist replies within 1–3 business days.

Step 1 of 2 · Your aircraft
Step 2 of 2 · Your contact details
(optional)
Add a note (credit range, pilot experience, questions)

By submitting, you agree that Jaken Aviation may contact you by phone, text or email about aircraft financing, including by automated means. Consent is not a condition of any purchase; message and data rates may apply. See our privacy policy. Submitting this form does not affect your credit.

Prefer to talk? Call (833) 264-7776

Call now Get pre-qualified